Jim Stewart
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  • Springfield, MO
  • United States
  • MO
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Jim Stewart's Discussions

Mortgage Forgiveness Debt Relief Act Extension

Started this discussion. Last reply by Jim Stewart Jul 16, 2012. 2 Replies

Has anyone heard anything about a possible extension of the Mortgage Forgiveness Debt Relief Act?Continue

Tags: Act, Relief, Debt, Forgiveness, Mortgage

Denial of buyers

Started this discussion. Last reply by Jim Stewart Jun 8, 2012. 3 Replies

I'm seeing what seems to be a higher percentage of buyers getting denied for financing this year.  Buyers are also seemingly having to jump through more and more hoops to get financed.  Is it just me…Continue

EverHome Short Sales

Started this discussion. Last reply by Jim Stewart Feb 18, 2010. 3 Replies

Hey, I have recently listed two homes with mortgage through EverHome Mortgage. I am looking for anyone who has tips or info to share. They use "National Quick Sale" for the short sales. Anyone out…Continue

 

Jim Stewart's Page

Profile Information

First Name
Jim
Last Name
Stewart
Are you a...
Agent
State
MO
City
Springfield
My Profile
Certified Distressed Property Expert (CDPE), Licensed Broker,

Jim Stewart's Blog

Extortion from banks on short sales

Posted on March 3, 2010 at 2:26pm 9 Comments

I have two short sale listings where the mortgage company is Everhome Mortgage. They are requiring that I go through National Quick Sale for the actual short sale processing. The problem is that National Quick Sale wants up front money, one percent of the sale price plus another $250 processing fee for the "right" to do business with them even though I don't want to do business with them. They say the seller cannot pay the fees and that they must be listed on the HUD as coming out of my… Continue

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At 9:15am on March 13, 2012, Corinn said…

Hi Jim.  I noticed you had an issue with Midland Mortgage back in November regarding the condition of a property for an FHA short sale.  Can you tell me what ever came about with that situation?  I'm currently facing the same thing with one of my clients.  Thank you!

At 12:01pm on September 9, 2011, Joe Elmer said…
Thanks for the quick response.  Have a good weekend.
At 11:40am on September 9, 2011, Joe Elmer said…
Hi Jim, just received an approval letter from Everhome Mortgage on a short sale I have. In their letter they call it "approval of the Pre-foreclosure Sale" vs short sale.  I have never had an approval letter call it a pre-foreclosure sale.  Is this just their terminology?  Thanks, Joe Elmer
 
 
 

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